Grant Recipients

Retroactive grant for having created a couple of useful dashboards which track on-chain data and other data to provide current stats to end users.

These dashboards have been very valuable for the community. The author should be rewarded appropriately, and incentivized to maintain them.

3,000 OSMO

100% upfront

N/A

Obi One

Retroactive grant for having created three Osmosis Discord bots: Ticker Bot, Price Bot, Stats Bot.

These bots have been very valuable for the community. The author should be rewarded appropriately, and incentivized to maintain them.

1,000 OSMO

100% upfront

N/A

Obi One

This is mostly a retroactive grant for the creation of stake.tax. An additional grant will be provided if Roger is able to maintain the Osmosis CSV through April 2023 (next tax season).

A retroactive grant is appropriate here since Roger's great work helped us all get through the 2021 tax season! Roger will get an additional (completion) grant if he maintains his tax software throughout the next tax season.

$30,000 (in OSMO)

66% upfront / 33% at completion for the next tax season

Maintenance of stake.tax until April 2023

Roger Hong

Defiant Labs hosts a web front-end and develops tax software that provides CSV formatted spreadsheets for the Cosmos ecosystem including the Osmosis blockchain. The CSV data includes taxable information for a given Osmosis blockchain address, compatible with popular tax softwares such as Accointing. This Grant is focused on adding Osmosis-specific capabilities to Defiant Labs' open-source tax software.

This grant will fund an improved and longer-term Osmosis-specific tax software solution which will make it easier and less time consuming for users to file for taxes.

25,000 USDC

20% upfront / 80% at completion of the Osmosis implementation

4-6 months

Defiant Labs

Turkish translation of the full Osmosis documentation.

This grant is aimed at onboarding more users and developers by making the Osmosis docs more accessible to the Turkish community.

340 OSMO

20% upfront / 80% at completion of the Turkish translation

3 weeks

Armagan Can Ercan

Retroactive grant for the creation of the Dexmos dashboard, and a further grant to build Superfluid Staking support, external incentive analytics for each pool, OSMO spot price API, an address-specific ROI calculator (broken down by trading fees, OSMO incentives, external incentives, Superfluid Staking), and in-house TVL and volume metrics (instead of relying on Imperator's APIs).

Dexmos has been one of the most valuable dashboards for the community so far. Building it out further will make it a great alternative to Imperator's dashboard.

75,000 USDC

33% upfront, 66% at completion of the additional features

3 months

geo#2483

This is a retroactive grant for the creation of various dashboards, tools and blog posts. A further grant will be provided after the completion of new dashboards (staking, LP, and governance analytics).

The dashboards will not only be available to the community, but they will also be used by Hathor Nodes to write weekly analytics reports that will assess the growth and health of Osmosis.

75,000 USDC

33% upfront / 66% at completion of the staking, LP, and wallet analytics dashboards

1-2 months

Hathor Nodes

Phase will allow Osmosis users to automate investment strategies while generating yield on their investments. It will be built on top of Osmosis using CosmWasm smart contracts.

The first automated investment strategy they will focus on is Dollar Cost Averaging, with others in the pipeline. Their main goal is to have a fully functional and easy to use product that will allow users to maintain yield exposure while de-risking their investment into a token. Phase is also planning on having a token, a portion of which will be airdropped to the Osmosis community.

40,000 USDC (up to 50,000 USDC to cover audit costs)

25% upfront / 25% at completion of proof of functional integration for swap and lend / 25% at completion of the project. The audit cost will be covered by the OGP, up to an amount of 50,000 USDC

3 months

Luke Rosa

The grant will serve to build an API that will include key KPIs for the most widely used DEXs across chains, such as on Ethereum, Solana, Avalanche, BSC, and Cosmos.

This comprehensive DEX landscape dashboard will allow Osmosis to benchmark itself against competition. It will include metrics for Volume, Revenue / Fees, TVL, Market Cap, Active Addresses / Users. And the following derived metrics: P/S ratio (market cap / annualized fees), P/E ratio (market cap / annualized protocol fees), Trading volume / TVL ratio (capital efficiency).

50,000 USDC

40% upfront / 60% at completion of multi-chain DEX dashboard

10-12 weeks

Token Terminal

The OGP will fund and sponsor the podcast for an initial 3 months.

The podcast is a great on-going educational effort focused on the Cosmos ecosystem. The sponsorship will also raise awareness of the OGP amongst listeners.

1,500 OSMO

33% for month 1 / 33% for month 2 / 33% for month 3

3 months of podcast episodes

Stephen Kret

Osmosis alternative frontend with full functionality (including Superfluid), plus open source documentation and step-by-step guides. A mobile integration is also underway.

Users will be able to take advantage of Osmosis’ functionality "implicitly" as part of an aggregated swap, or receive tokens with the purpose to use them within another application immediately thereafter.

$25,000 (in OSMO)

80% upfront / 20% at completion of the mobile integration

End of summer 2022

Citadel.one

To build and maintain Public and Archive Nodes, Faucet, and StateSync infrastructure for 6 months.

This will help Osmosis developers by offering stable services so they can build without significant barriers. Also, validators and developers can use the services to set their nodes up quickly and easily.

$40,000 (in OSMO)

25% upfront / 75% at completion of the node services

3 months for the Archive Node and 6 months for the rest

All That Node

To build an in-depth treasury dashboard for Osmosis in order to track revenues, expenses, profitability, runway, as well as that of its sub-DAOs (Ministry of Marketing, Support Lab, Osmosis Grants Program).

This new level of transparency will increase trust in the protocol and, thus, attract more informed users managing more capital. This dashboard will also facilitate the creation of Financial Statements for Osmosis.

30,000 USDC

25% upfront / 75% at completion of the treasury dashboard

6-7 weeks

Multifarm.fi

Funding 5 educational articles for Osmosis in Chinese: The roadmap of Osmosis in 2022; Osmosis thesis – Sovereign chains are rising; CosmWasm scaling the Osmosis chain; MEV resistance on Osmosis; Interchain accounts adoption in the future.

This grant will onboard many people in the crypto space in China as many of them don't know about Osmosis yet because there is not much content out there about Osmosis in Chinese.

3,000 USDC

100% at completion

1-2 months

Consensus Fintech Group

To improve picture and audio quality of the weekly streams, and focus more on the Osmosis platform.

The regular streams mention the Osmosis platform and its innovations on a regular basis. Improving the quality of the content is very important for podcast subscribers.

1,500 USDC

100% at completion

N/A

Ivan Lomakin

Void Protocol's privacy-focused AMM will be deployed on Osmosis and integrated with its AMM. Void utilizes ZK-snarks to anonymize user funds in a completely secure and decentralized manner, meaning there is no storage of information which can link the deposit and withdrawal wallets.

Void Protocol will add new, important functionality to the Osmosis AMM which will allow users to swap their tokens anonymously. Void has also committed to airdrop 10% of their total token supply to Osmosis Stakers/LPs as part of this grant.

$250,000 (in OSMO)

30% upfront / 30% at testnet deployment / 40% at completion of the mainnet deployment. Audit costs will be covered by the OGP, and are included in the funding amount

3-4 months

Bitsquid

To add some of the requested features to TenderDuty by fully rewriting the existing tool. New features will include: the ability to monitor multiple chains using a single instance; differentiation between types of missed blocks (e.g. where a pre-commit was seen but not included will be handled differently than a signature that was missing entirely); ability to alert on percentage of missed blocks over time, not only consecutive misses; a visual dashboard that displays missed blocks as a heat map over time (expanding on ping.pub’s uptime visualization); allow more flexible notification options: Telegram and Discord, and different severities for PagerDuty; a Prometheus exporter to allow visualization in tools like Grafana; alerts for nodes being down or lagging the chain’s head.

Tenderduty is regarded by many validators as an essential monitoring tool. These new enhancements will make it significantly more useful for validators.

10,000 USDC

Payment will not be initiated until the project is 100% complete

3-5 weeks

Block Pane, LLC

Retroactive grant for ongoing support of IBC-relayers between Osmosis and other IBC-chains, creating the Sputnik Network Bot to send tips on Telegram and Twitter, and various educational efforts, such as running the Validator School.

POSTHUMAN ∞ DVS is one of the most active Osmosis validators in terms of participation and contributions made. They will continue contributing to Osmosis with tools, infrastructure, and community growth.

$10,000 (in OSMO)

100% of the grant will be issued upfront

N/A

POSTHUMAN ∞ DVS

VectorDAO will design and develop a new website for the OGP, as well as a new logo inspired by existing Osmosis branding.

The new website will be a significant improvement to the current Notion page, and will be focused on displaying the work of grantees. Also, the branding will make it easier to understand the difference between the OGP and Osmosis itself.

70,000 USDC

50% upfront / 50% at completion of the website

~7 weeks

VectorDAO

Cosmos-Rust-Bot (which will support features such as governance proposal notifications, scam detection, summaries, topic extraction) will be able to support multiple Cosmos chains without the need to completely rewrite the API, even with the update to CosmWasm v.1.0.0, as it will use gRPC instead of LCD/FCD using cosmos-rust.

The code will be insightful for new and existing developers who want to build applications in Rust that interact directly with the Cosmos / Osmosis nodes. The advantage of Cosmos-Rust-Bot not being an on-chain protocol is that features such as those listed above can be implemented rather quickly.

$4,750 (in OSMO)

30% upfront / 70% at completion of the bot

1 month

Philipp-Sc

Cron.cat will bring its decentralized automation layer to Osmosis. They aim to deliver a simple SDK for CosmWasm developers to integrate event-driven and scheduled tasks for Osmosis. The project will be completed in two milestones: Milestone 1 (Delivery of croncat agent; contract testing coverage), Milestone 2 (Delivery of core contracts; documentation; website; E2E testing).

Croncat's core benefit to Osmosis is a developer UX that solves any schedule or event based logic execution. The community will benefit from their streamlined web interface to automate common patterns & flows they do manually today.

50,000 USDC

20% upfront / 40% at completion of Milestone 1 / 40% at completion of Milestone 2

3-4 months

Trevor Clarke

Laika is a Postman for web3, a tool to make requests to smart contracts. The team will integrate its CosmWasm request builder with Osmosis-native developer tooling for a seamless developer experience.

This will provide Osmosis developers with no-code smart contract requests, explore & import contracts via chain explorers, code snippets generation, and more. Laika will be working alongside other developer tools to build a toolkit for CosmWasm developers.

$13,000 (in OSMO)

23% upfront / 77% at completion of the integration

2 months

Tanadol Sirichantakul

This grant will serve to integrate Kado's on/off-ramp interfaces, fiat-crypto APIs, and stablecoin payments infrastructure with Osmosis. The initial grant will help cover audit costs, and the completion grant will help cover swap fees and bridge fees, which will be matched by Kado with $25k in incentive support for Osmosis.

Kado is a crucial piece of infrastructure for Osmosis to compete with CEXs as it will enable users to on/off ramp directly onto Osmosis, and facilitate stablecoin payments.

75,000 USDC

33% upfront / 66% at completion of the integration

The team is already at work with Axelar to create the first On/Off-Ramp to and from Osmosis, using axlUSDC

Emery Andrew

This grant will serve to build infrastructure that will allow Regen Network to redirect a portion of their REGEN inflation directly to the REGEN/OSMO pool for external incentives. The completion of this grant will depend on the success of a governance proposal on Regen Network to increase inflation by 50%.

This infrastructure will benefit both Regen and Osmosis as it will incentivize tokenholders to provide more liquidity on the DEX. The infrastructure will also open up the doors for other networks to incentivize liquidity pools with inflation.

$30,000 (in OSMO)

100% at completion

2 months

Sunshine Validation

The initial funding is a retro grant for what the REstake team has built so far. The completion grant will be to build a delegation tool using the AuthZ module.

REstake's delegation tool will enable tokenholders to delegate their voting power to delegates which may not be validators. This new class of delegates would sit between tokenholders and validators.

$30,000 (in OSMO)

33% upfront / 66% at completion

2-3 months

Tom Beynon

To deploy Margined's perpetual protocol on Osmosis, in conjunction with its governance module. As part of the grant, Margined has committed to airdrop 5% of their total token supply to Osmosis users, with some predetermined rules which will be detailed by the Margined team.

Perpetual swaps are an important DeFi product that can be used for speculation, as well as to hedge risks for users on Osmosis.

$50,000 (in OSMO)

25% upfront / 75% at completion

3 months

Max Grabner

Retroactive grant for the development of Yieldmos to date, and a further grant for: 1) Non-custodial compounding improvements, such as a mobile integration for auto compounding both staking and pool rewards on Osmosis, and bringing chain-specific staking rewards to Osmosis for LPing; 2) Building a bonding GAMM market.

This grant will serve to increase the features available on Yieldmos for Osmosis users, which will improve functionality and add to its use cases. Yieldmos has also committed to allocating at least 5% of the community portion of the airdrop to Osmosis users. The airdrop is estimated to occur in more than 6 months time.

45,000 USDC

56% upfront / 22% for Milestone 1 / 22% for Milestone 2

3 months

octo#0887, kaku#6523, geo#2483

To fund the integration of Osmosis with Leap Wallet, further enhancing the experience for Leap users.

The Leap Wallet team has kept users front of mind while building, which aligns with Osmosis’ focus on user experience. Hence, Leap Wallet will be a great alternative to Keplr for Osmosis users.

$20,000 (in OSMO)

25% upfront / 75% at completion

8-12 weeks

Leap

To build support for Osmosis in their initial release of walletOS, which provides a technical backend to extend wallet functionality for enterprises, such as custodians.

Osmosis needs to make progress in getting enterprise and institutional support to increase institutional adoption. With WalletOS, institutional investors will have a place to securely store and participate with their OSMO tokens, which will help pave a path for more capital inflows into the Osmosis ecosystem.

75,000 USDC

100% at completion, with an additional 10k USDC for each successful custodian integration (excluding Fireblocks and Anchorage), up to a max of 50k USDC

1-2 months

Pine Street Labs

Retroactive grant for the development of the multisig tool, and a further grant to: 1) Merge the current version of the multi-sig with the upstream version; 2) Fix the multi-message feature.

Notional's multi-sig tool was created several months ago. It's been extremely useful for Osmosis users since then given the lack of multi-sig tooling available in the Osmosis ecosystem.

$30,000 (in OSMO)

66% upfront / 33% at completion

2 months

Notional

To integrate the Osmosis blockchain into their liquidity system to support a native on ramp experience for OSMO, with full US support. The $15k bonus will be delivered if the integration is completed within 1 month of initial payment.

Transak will support a variety of different payment methods, such as Apple Pay, Google Pay, Bank Transfers and other local payment methods in 125+ countries. Apps building on top of Osmosis will also be able to use the on ramp to onboard new users and monetise their existing user base.

$75,000 (in OSMO)

20% upfront / 60% at completion / 20% bonus

1 month

Carlo de Luca Gabrielli

To build support for all Osmosis chain specifics, as well as CosmWasm contracts. The toolkit will monitor a stream of security-focused Osmosis events in real-time and allow users to set custom smart contract alerts, that trigger when specific conditions are met. Milestone 1 will include Osmosis + CW support and the implementation of custom alerts; milestone 2 will involve the implementation of the stream of events feature.

Access to real-time monitoring tools that can trigger custom events, fire alerts when an exploit is happening, or detect bugs after deployment will increase the overall security of the Osmosis chain and other apps built on top of it.

$50,000 (in OSMO)

50% for Milestone 1 / 50% for Milestone 2

3 months

Scanworks

To deploy Zodiac Protocol's fixed and variable yield markets on Osmosis. Zodiac has also committed to airdrop 10% of their total token supply to Osmosis users, with some predetermined rules that will be detailed by the Zodiac team. 

Zodiac will bring a new DeFi primitive to Osmosis, which will provide liquidity providers with different risk-return profiles via liquidation-free leverage from principal tokens, trading-volume-linked cash flow from yield tokens, and new potential use-cases such as collateral for borrow/lend protocols like Mars.

40,000 USDC (up to 50,000 USDC to cover audit costs)

37.5% upfront / 62.5% at completion. The audit cost will be covered by the OGP, up to an amount of 50,000 USDC

3-4 months

JC#8786

Retroactive grant for the deployment of Apollo Safe on Osmosis – the first CosmWasm app to be approved by governance!

An easy-to-use multisig is crucial for any developing crypto ecosystem, as it improves accessibility for all users. This is particularly important as more and more DAOs will deploy on Osmosis, to make sure they can operate effectively and securely.

$50,000 (in OSMO)

100% upfront

N/A

Apollo DAO

To build an in-protocol custom MEV module for Osmosis that aims to capture and distribute MEV to Osmosis participants. Note that the delivery of the grant is conditional upon governance approval. The milestones are as follows: Milestone 1 = delivery of MVP on Osmosis testnet with at least 10-20 validator partners; Milestone 2 = mainnet launch with integration of all validators.

Skip's custom MEV module for Osmosis will unlock arbitrage revenue (which currently goes to MEV searchers) for the DAO, opening a new source of rewards for stakers and validators.

75,000 USDC

33% upfront / 33% at completion of Milestone 1 / 33% at completion of Milestone 2

6 months

Skip Protocol

To research and analyze historical incentives data to inform the build of a new incentives system for Osmosis. Hathor will also lead the creation of a governance proposal to implement this new incentives system and, if successful, will be a part of a new incentives working group that will provide on-going oversight over LP incentives for Osmosis. Milestone 1 = submission of a governance proposal for new incentives system based on research findings; Milestone 2 = successful governance proposal and implementation of the new incentives system.

The new incentives model will optimize LP incentive allocations across pools and significantly reduce costs for Osmosis by ensuring that the protocol is not overpaying for liquidity. The end result is an improved trading experience for users by reducing slippage for under-incentivized pairs. The model will also reduce the governance overhead associated with regular incentive adjustment proposals, as it will be semi-dynamic and automated.

150,000 USDC

17% upfront / 33% at completion of Milestone 1 / 50% at completion of Milestone 2

4-7 months

Hathor Nodes

To build data pipelines and simulation dashboards using the data collected from Hathor Nodes to predict results for new incentives recommendations based on varying market volatility, volume and liquidity. Chaos will collaborate with Hathor to post a governance proposal which will detail the set of parameters for the new incentives model and, if successful, Chaos will assist with the implementation of the new incentives system. Milestone 1 = submission of a governance proposal for new incentives system based on data engineering and web application development efforts; Milestone 2 = successful governance proposal and implementation of new incentives system; Milestone 3 = delivery of public facing dashboards.

The new incentives model will optimize LP incentive allocations across pools and significantly reduce costs for Osmosis by ensuring that the protocol is not overpaying for liquidity. The end result is an improved trading experience for users by reducing slippage for under-incentivized pairs. The model will also reduce the governance overhead associated with regular incentive adjustment proposals, as it will be semi-dynamic and automated.

150,000 USDC

17% upfront / 33% at completion of Milestone 1 / 33% at completion of Milestone 2 / 17% at completion of Milestone 3

4-7 months.

Chaos Labs

To build historical charts for every zone on mainnet listed on Map of Zones. Charts will include: IBC volume + IBC volume in/out, number of transactions, number of IBC transfers, daily active wallet address for IBC and IBC-enabled zones, number of delegators per zone, delegation/undelegation + Interchain DAUs charts.

Thanks to Map of Zones’ historical charts, users will be able to easily assess the historical growth of Osmosis, as well as the IBC ecosystem as a whole. The data will also be extremely valuable for Osmosis users who are trading IBC assets listed on Osmosis.

15,000 USDC

17% upfront / 83% at completion

2 months

Map of Zones

To build an Osmosis simulator where users will be able to learn how to use Osmosis, and provide feedback based on their experience. 

The simulator will connect to the Osmosis Discord to enable any newcomer to learn and experiment with it, without having to do all the necessary steps to use Osmosis (e.g. KYC on a CEX, buy crypto, transfer to the Cosmos Hub, pay tx fees, etc.).

$20,000 (in OSMO)

25% upfront / 75% at completion

2 months

Battlebrains

To cover the full cost of the Osmosis promotion campaign with the Bankless podcast and newsletter, which will run from January 1st -15th 2023. 

The aim of this sponsored advertisement campaign is to acquire new users for the Osmosis DEX, educate the wider crypto ecosystem on Osmosis and the broader Cosmos ecosystem, and grow the number of Osmosis community members. Bankless is a leading crypto podcast focused on the Ethereum ecosystem, and has one of the largest audiences of Ethereum users.

50,000 USDC

100% at completion

2 weeks

Bankless

To block audit slots in Oak Security's backlog in advance so Osmosis ecosystem projects do not have to wait for 12 weeks for a start date. These projects will also receive a 15% discount on the typical audit fee. As part of this bulk audit purchase, Oak Security has offered a package of 12 weeks, with a minimum consumption of 1.5 weeks/month (1.5-weeks is the average duration per audit), starting January 1st 2023, until these weeks are consumed. Oak Security will also record a video that outlines at which stage an audit makes sense, what to expect from an audit, and how to best prepare for it.

It's important for Osmosis ecosystem projects to be audited before deploying on mainnet. This grant will allow a number of ecosystem projects to get audited in a timely manner to speed up the deployment process on Osmosis. Oak Security is a leading CosmWasm smart contract auditor and has worked on relevant projects, such as Axelar, Lido, and Mars Protocol in the past.

$346,800 (in OSMO)

33% upfront / 33% at completion of Milestone 1 / 33% at completion of Milestone 2

N/A

Oak Security

Retroactive grant for having fixed the Osmosis Luna Classic IBC connection, and having coordinated the relaunch of Luna Classic on the Osmosis DEX. A significant amount of LUNC funds have been stuck on Osmosis since the IBC channel was interrupted during the Terra crash. This is an effort to make users whole, and give them a chance to have access to their tokens.

Notional is a repeat grantee and long-time contributor to Osmosis and the Cosmos ecosystem at large. They have already completed this project.

$35,000 (in OSMO)

100% upfront

N/A

Notional

Defiant Labs is tasked with ensuring that the liquidity pool spot prices on the official Osmosis testnet match the prices of the corresponding liquidity pools on Osmosis mainnet. The arbitrage software will establish the market price of any given token pair (e.g. OSMO/JUNO) on the Osmosis mainnet and force the testnet spot price(s) to match that price. Defiant has committed to run the off-chain arbitrage software for 1 year and maintain it for 3 years. Milestone 1 = faucet module; Milestone 2 = open-source off-chain arbitrage software; Milestone 3 = to host the software for 1 year to match testnet and mainnet prices, and to support/maintain the software as needed for 3 years.

Testnet/mainnet price parity will make it far easier for other projects/testers to develop against Osmosis in the future, as testing on testnet will become much more accurate. This will encourage testing against the testnet instead of mainnet, and reduce the risk of things going wrong for mainnet deployments. Defiant Labs is a repeat grantee who has already built a number of tools for the Cosmos ecosystem.

50,000 USDC

20% upfront / 20% for Milestone 1 / 30% for Milestone 2 / 30% for Milestone 3

6 months for M1 and M2

Defiant Labs

To create a validator management platform, which will include features such as creating a validator, submitting on-chain governance proposals, IBC relaying (via Osmosis). The aim of the tool is to remove the need for a validator to use the command line to do their day to day operations.

PFC Validator runs several validator nodes, such as on Terra, Kujira, and Injective. They have already built a beta version of the validator management dashboard which they will be iterating on as part of this grant.

$20,000 (in OSMO)

25% upfront / 75% at completion

2-3 months

PFC Validator

To support Map of Zones’ ongoing operational costs for the next six months.

Map of Zones provides on-chain data on IBC-enabled chains. It's one of the top public goods in the IBC ecosystem, and has brought a ton of attention and transparency to the Cosmos since inception. Osmosis is the #1 chain in terms of IBC volumes, and having Map of Zones brings critical insight and utility to the Osmosis community.

43,000 USDC

Split into six monthly equal payments

6 months

Map of Zones

To build a Python SDK for traders to implement and execute quantitative trading strategies. Milestone 1 = completion of trading bot with CEX to DEX, DEX to DEX, and beta hedging strategies; Milestone 2 = completion of strategies for concentrated liquidity once that's live.

The trading SDK will help to generate more volume and contribute to more accurate pricing on Osmosis as it’ll make it easy for anyone to implement any sort of strategies with minimal effort. Once concentrated liquidity goes live, the SDK will enable various teams to implement their own flavour of Market Making which will result in much better quotes for users. Dfuse is a quant firm founded by a team with extensive experience in the traditional financial industry. In addition to their work in TradiFi, the team has crypto-native experience, which includes market-making on various regional CEXs, MEV in cosmos, funding rate arbitrage on various CEXs/DEXs.

$20,000 (in OSMO)

20% upfront / 20% for Milestone 1 / 60% for Milestone 2

3 months

Dfuse

A retroactive grant for the development of ping.pub to date, and a further grant to rebuild the open source dashboards and explorer using Telescope and CosmosKit. The dashboards will include convert and swap functionality leveraging the Osmosis AMM. All dashboard components will be open sourced, allowing them to be embedded on existing websites. Telescope and CosmosKit will also benefit greatly because they will be extended to support VueJS. Milestone 1 = Integrate and improve Telescope and Cosmos Kit; Milestone 2 = Ping.pub dashboard with Osmosis swap widget; Milestone 3 = Deploy the Osmosis swap widget on at least five apps.

Extending ping.pub's open source tools to the VueJS community will increase the reach of Osmosis-funded tooling, which will help grow the Cosmos and increase adoption. What's more, the new Osmosis swap and convert widget will increase exposure for Osmosis and make it more accessible to users, and in turn, increase liquidity and volume on the DEX. Ping.pub is an open-sourced explorer/wallet interface which is used by a ton of smaller chains since Keplr doesn’t support every single chain. Liang Ping has been a consistent builder in the Cosmos ecosystem for over three years.

$50,000 (in OSMO)

20% upfront / 20% for Milestone 1 / 40% for Milestone 2 / 20% for Milestone 3

6 months

Liang Ping

To support the upcoming v2 implementation of Cosmy Wasmy, a vscode extension which helps developers build their CosmWasm-based smart contracts. v2 will include support for new features such as Beaker, notebooks, discoverability of tests from the Test Explorer, and multiple languages.

Cosmy Wasmy v1 is aimed at helping developers build their own contracts. The upcoming v2 implementionis focused towards making the extension useful when developers are working in teams or contributing to open-source contracts developed by others and to enable quick and easy testing. Spoorthi has been working in and around Cosmos for over two years. She previously worked for Ignite (formerly Tendermint) as a Protocol Engineer and is currently employed at Phi Labs where she works on Archway.

$6,000 (in OSMO)

100% at completion

2 months

Spoorthi

To build two different version of the Fee Abstraction Module. The first version will allow customer chains to pay fees in any IBC token on Osmosis using oracle TWAP data (Milestone 1). The second version will leverage packet forward middleware to allow chains to take the accumulated fees and swap them for their native token using Osmosis (Milestone 2). Notional will also assist the Osmosis team with the chain-specific technical implementations. We will award Notional with retroactive grants for each chain-specific implementation, depending on the work involved and importance of the customer chain.

The chains that deploy v1 of the Fee Abstraction Module will enable their users to pay transaction fees in any IBC token available on Osmosis, using Osmosis’ TWAPs oracles to determine the conversion rate. Customer chains who choose to deploy v2 of the module will use the Osmosis DEX in the background to swap out the accumulated fees into the chain's native token, which should contribute to volume on Osmosis significantly. Notional is a repeat grantee and long-time contributor to Osmosis and the Cosmos ecosystem at large. The Notional team is one of the top Cosmos SDK experts, and is well-postioned to deliver on this grant.

$90,000 (in OSMO)

28% upfront / 33% at completion Milestone 1 / 39% at Milestone 2

3 months

Notional

To fund the development of an explorer frontend and necessary data backend/indexer for all current Osmosis networks (osmosis-1, osmo-test-4, local) with CosmWasm-specific features, such as deploying, interacting, exploring, and organizing contracts from the UI. Milestone 1 = completion of osmosis-1 and initial local chain support. This will also include a public project section that lists all the codes + contracts related to each project / protocol deployed on the network (mainnet only). Milestone 2 = at completion of full local chain support, which will allow developers to spin up the explorer for any chain version, and a built-in faucet for both local and testnet chains. Milestone 3 = after having added pages for accounts and transaction details. Milestone 4 = after having added pages for Osmosis pools, as well as the ability to create on-chain proposals to store code / instantiate contracts from the UI. Milestone 5 = after having maintained this project for one year from the completion of the milestones. User feedback should also be incorporated as necessary.

Currently, to interact with contracts, devs need to use CLI or code custom scripts, both of which are complex and unintuitive. Current tools also make exploring / finding contracts previously deployed on a network and knowing how to interact with them difficult and time-consuming. Celatone aims to simplify these processes and increase developer efficiency and speed by offering a simple UI to perform these actions. What's more, Celatone will solve the issue related to a lack of explorers available on specific networks, especially testnets and local chains. By open-sourcing both their frontend and indexer implementations and supporting local chain deployments, Celatone will allow developers to quickly spin up a version of their explorer for any network themselves without relying on other parties / teams to add support. This will also provide developers and users on Osmosis with a unified explorer experience across all networks, mitigating the need for them to use different tools for different networks. In summary, Celatone’s work will result in many engineering hours saved for both internal Osmosis developers and external app developers, as well as easier onboarding of new contributors. Additionally, it makes tutorials a lot easier to follow and facilitates collaboration between teams building on Osmosis. Alles Labs is a talented team with significant experience in the Cosmos ecosystem. Members of the team have previously worked on a number of blockchain projects, such as Band Protocol and Nebula Protocol.

$120,000 (in OSMO)

13% upfront / 17% for Milestone 1 / 17% for Milestone 2 / 13% for Milestone 3 / 20% for Milestone 4 / 13% for Milestone 5

6 months

Alles Labs

To build a highly customizable frontend reference implementation for the UI of the Osmosis Outposts. Milestone 1 = delivery of the Figma design files for Outpost UI. Milestone 2 = completion of the open-source customizable UI component library, including ReactJS and VueJS wrappers of the components with relevant implementation documentation and examples. These must also be compatible with Cosmology's toolkits and API, and use the Cosmos Kit wallet adapter. Milestone 3 = after six months of maintenance of the open-source component library, and collaboration with the Osmosis team for the Outpost UI implementations. Milestone 4 = after one year of maintenance of the open-source component library, and collaboration with the Osmosis team for the Outpost UI implementations.

The aim of this project is to make it easy for Outpost chains to create their own personalized Outpost frontends using Nabla's components and templates. Osmosis Outposts will make it much simpler to perform swaps on different Cosmos chains, without having to manually IBC over to Osmosis to trade. It's important for the UI of these Outposts to be simple, intuitive, and highly customizable for each outpost chain. Nabla is a new company dedicated to help companies in web3 build useful customer experience tools, with a focus on the Cosmos ecosystem. Having built the Sinfonia UI, the team already has experience building alternative frontends for Osmosis.

$30,000 (in OSMO)

17% for Milestone 1 / 33% for Milestone 2 / 25% for Milestone 3 / 25% for Milestone 4

3 months

Nabla

To run all of the required infrastructure to host the tax software frontend and run the indexer for all of 2023, and to add support for the StableSwap, Concentrated Liqudity, and ProtoRev modules, which are not yet supported by their tax software. Each milestone will be paid out at the end of each quarter in 2023.

Defiant Labs has created an open source tool that anyone can run to create and provide tax data for Osmosis. However, running this tool is technical and expensive, and it doesn't currently support Osmosis’ new SDK modules. Having Defiant Labs run the infrastructure and host the frontend for a year will make it much easier for users to do their 2022 taxes just in time for tax season, and collect the necessary data for the 2023 tax cycle. The frontend link will be shared publicly as soon as Defiant is approved for a grant. Defiant Labs is a repeat grantee who has already built a number of tools for the Cosmos ecosystem.

32,000 USDC

25% per quarter

1 year

Defiant Labs

To assist Osmosis with PR across Osmosis' external communications channels. This grant will be re-evaluated on a monthly basis.

This will benefit the Osmosis ecosystem by increasing recognition and brand awareness via press pickup, commentary opportunities, and speaking engagements. Serotonin is a leading web3 marketing firm. Their services take products and brands to market with brand positioning, visual design, content, PR, community, growth, events, and more. Existing clients include Polygon, Bain Capital Crypto, and Aleo.

10,000 USDC / month

Monthly

N/A

Serotonin

To create a Cosmos bridge aggregator website that will allow users to easily bridge tokens to/from other ecosystems into the Cosmos ecosystem, and IBC tokens between zones from the same interface. Milestone 1 = launch the first version of the rebranded Terra bridge aggregator, letting users bridge to/from any of the chains currently supported by the website, and change the hardcoded code to handle the IBC channels to a more generic solution to add support for more assets like native chain assets, USDC, DAI, WBTC, WETH; Milestone 2 = at completion of support for new bridges (Gravity Bridge, Wormhole), new Cosmos chains (Stride, Injective, Evmos, Kava, Agoric, Regen, Akash, Axelar, Stargaze, Mars, Umee), and additional EVM chains supported by Axelar (Polygon, Arbitrum, Fantom, Aurora, BNB chain); Milestone 3 = after having maintained the new website for six months since the completion of the milestones.

A comprehensive, open-source Cosmos bridge aggregator frontend will significantly improve the interchain bridging user experience, and bring more funds into the Cosmos ecosystem from EVM-compatible chains. Having built a bunch of tools on the Cosmos tech stack already, such as Cloudmos, Maxime is an active participant in the Cosmos ecosystem with expertise in building frontends and backends that interact with any on-chain interaction.

$30,000 (in OSMO)

17% upfront / 25% at completion of Milestone 1 / 42% at completion of Milestone 2 / 17% at completion of Milestone 3

3 months

Maxime Beauchamp

To build out Starship as a publicly available testing framework and infrastructure which will create and run end-to-end tests for OsmoJS and Mesh Security. Milestone 1 = completion of testing framework in Typescript with ability to spin up multiple chains from simple config files in various environments (in Starship Repo); Milestone 2 = completion of Mesh Security integration; Milestone 3 = completion of OsmoJS integration; Milestone 4 = after having maintained this project for six months since the completion of the milestones.

Starship aims to create an easy way to set-up an interchain environment by leveraging the power of Kubernetes, a production-grade container orchestration system, to set up a fully simulated Cosmos ecosystem with multiple chains (each with multiple nodes), relayers, explorers and even its own chain registry. Along with the easy to setup infra, Starship also aims to create a testing framework to get rid of bash scripts and make scenario testing easy and repeatable. The main plan is to add regression tests for various scenarios that can be run in the CI/CD to catch bugs sooner in the development lifecycle. This will result in significant cost savings, as it will reduce the likelihood of vulnerabilities and security breaches in the Cosmos ecosystem, and improve developer productivity by making it easier and less time consuming for developers to test and secure their applications and systems, especially with infra setup, regression testing, and mulit-node/chain testing. Anmol was most recently the Tech lead at Persistence, leading development for the Persistence Chain. He has significant experience in Golang and Kubernetes, with a focus on software development standardisation and improving developer efficiency.

$50,000 (in OSMO)

20% upfront / 30% at completion of Milestone 1 / 20% at completion of Milestone 2 / 20% at completion of Milestone 3 / 10% at completion of Milestone 4

4 months

Anmol

To help Numia bootstrap their Osmosis public facing dashboard, which will include pre-selected and actionable Data Analytics widgets with information that is not easily accessible elsewhere. The team will also maintain the API that powers the whole application for users who wish to use them. Milestone 1 = backend APIs & dashboard frontend application; Milestone 2 = curated set of frontend widgets & analytics; Milestone 3 = after having maintained the dashboard for six months since completion.

Numia's public facing Osmosis dashboard will cover the needs of non-technical users who can’t write SQL and need curated prescriptive dashboards to improve transparency around Osmosis’ ownership breakdown, economic activity, and health condition, which will allow users to make better decisions about investments and improve the capital efficiency of the network. The team will then submit community polls every quarter so that the community can help them to decide which new widgets should be added next. Numia is one of the leading on-chain data providers in the Cosmos ecosystem. The team has significant experience with the Cosmos stack since they've been involved in the ecosystem since early days.

$30,000 (in OSMO)

17% upfront / 25% at completion of Milestone 1 / 42% at completion of Milestone 2 / 17% at completion of Milestone 3

3 months

Numia

To build a fully interactive and open-source tutorial for the cw-multi-test and osmosis-test-tube libraries.

People developing dApps on Osmosis tend to have a hard time testing their dApps against the logic of the chain. Both cw-multi-test and osmosis-test-tube were build to test your contracts against real chain logic rather than mocks. These tutorials will provide a great resource for devs to learn how to use these tools properly, and maximize their impact. Mert was previously working for Deus Labs in a DevRel role, helping with JunoTools, StargazeStudio, technical documentation, and repo maintenance.

$5,000 (in OSMO)

100% at completion

2 months

Mert Malaz

A retro grant for having completed the Portuguese translation of the Osmosis main frontend.

This has improved the UX for Portuguese native speakers when using Osmosis. Virtu Growee is a crypto enthusiast and content writer.

$500 (in OSMO)

100% upfront

N/A

Virtu Growee

Confio will focus on protocol design and backend development. Initially, Confio will focus on refining and documenting the design and architecture, to enable all contributors to be effective and coordinate their work. Once the plan is clear, Confio will take responsibility for the development of all needed smart contracts (with some help from external contributors) as well as the custom SDK module(s) for proper interaction with staking on the remote chain. Phase 1 Milestones (Phase 1 refers to the first 3 months following the start of the project): Milestone 1 = Delivery of a detailed Mesh Security architecture document; Milestone 2 = Integration of the Mesh Security MVP into the Osmosis and Juno codebases and demonstrating functionality on a devnet.

Funding sources: $220k (70k USDC and $150k in OSMO) from the OGP, and $50k USDC from the Osmosis Foundation.

$270,000 (OSMO + USDC)

28% for Milestone 1 / 28% for Milestone 2 / 44% split into three equal monthly payments

3 months

Confio

The project aims to build an initial cross-staking Mesh Security UI tooling that works with all supported chains. It aims to make Mesh Security more interoperable and widely available to developers by adding it as a component set in Cosmology's open source UI kit, CosmosKit. The project will include a Mesh Security create-cosmos-app template/example for developers to use and build upon, as well as a branded dApp built using the Mesh Security UI Kit. Milestone 1 = Mesh Security UI Kit v1 (this version will be completed before the final delivery of contracts so will not use real data). Milestone 2 = Finalized Mesh Security UI Kit (this will include a data layer, stateful components with interfaces for interoperability, and a new category for the UI Kit on cosmoskit.com with a visual component explorer for cross-staking components). Milestone 3 = Mesh Security create-cosmos-app example/template (this will provide a functional, working example of the Mesh Security UI that developers can use as a starting point for their own projects. The example will be made available through the create-cosmos-app command, allowing new projects or chains that join the mesh to spin up their own Mesh Security dApps in minutes).

Funding sources: $30k USDC from Axelar, $10k USDC from Akash.

$40,000 USDC

25% for Milestone 1 / 37.5% for Milestone 2 / 37.5% for Milestone 3

3 months

Cosmology

DesignDAO will design the UI for the primary Mesh Security landing page and web application, as well as developing the Mesh Security brand and leading marketing efforts. Milestone 1 = Mockups and UI Prototypes (Design DAO will create a moodboard to define the style direction. They will then turn this into mockups. Using the mockups, they will then create wireframes for the entire app, and simple prototypes where necessary). Milestone 2 = UI Fine Design (based on the wireframes, they will design the entire app in detail, in the style of the mockups, ready for development). Milestone 3 = Mesh Brand, Strategy, and Concept (they will create the brand around Mesh Security and compile it into a brand book. It will include things like the logo, colors, fonts, etc., but also things like claims and the overall language of the brand, and also guidelines for social media). Milestone 4 = Mesh Brand Story and Landing Page (they will develop an engaging brand story based on which they will create a landing page and content for social media).

Funding sources: $20k USDC and $20k in AXL from Axelar.

$40,000 (USDC/AXL)

25% for Milestone 1 / 37.5% for Milestone 2 / 25% for Milestone 3 / 12.5% for Milestone 4

3 months

Design DAO

Josef will lead front-end development of the primary Mesh Security website and web application. This will involve close collaboration with Cosmology (front-end tooling) and DesignDAO (front-end design). He will be working in parallel with DesignDAO as he designs the web application and will leverage the tooling that is developed by Cosmology team to bridge the gap between the two workstreams. Milestone 1: MVP of Mesh Security Web-Application UI (Josef will convert the UI fine design wireframes into a functional UI for the Mesh Security web-application).

Funding sources: $25k in OSMO from the OGP.

$25,000 OSMO

60% split into 3 equal monthly payments / 40% for Milestone 1

3 months

Josef Leventon

To add Metamask support for the Cosmos ecosystem in their initial, permissioned launch of Metamask Snaps – an open source system that will allow anyone to extend the functionality of MetaMask. This integration will allow Metamask users to sign Cosmos transactions with their existing accounts. Integrating the Cosmos ecosystem with Metamask will be a huge unlock, as it will give Metamask's ~20M users access to the Cosmos ecosystem in one go.

This grant will be funded in collaboration with the ATOM Accelerator DAO, who will also provide funding to Mystic Labs for this project. Mystic Labs are the lead contributors to DeFund Finance, a Cosmos L1 for asset managers and ETF providers. The team is also a contributor to Agoric and has designed ICS-31, the standard for Interchain Queries.

50,000 USDC

100% at completion

3 months

Mystic Labs

To renew our bulk audit package with Oak Security for an additional 12 weeks starting on June 1st, 2023, which will expire if not used after 24 months. Thanks to this purchase, projects will receive a 20% discount on the typical audit fee. Milestone 1 = two months after contract signature; Milestone 2 = four months after contract signature.

So far, Oak has audited a number of projects that have deployed on Osmosis or will deploy on Osmosis soon. These include CronCat, Membrane, IBCX, Streamswap, and Phase. Our previous bulk audit purchase agreement not only made sure that all these projects got audited before deploying on mainnet, but also streamlined their whole audit process which reduced their time to market on Osmosis. This new bulk audit purchase will do the same for upcoming projects that would like to deploy on Osmosis. Oak Security is a leading CosmWasm smart contract auditor and has worked on relevant projects, such as Axelar, Lido, and Mars Protocol in the past.

$326,400 (in OSMO)

33% upfront / 33% for Milestone 1 / 33% for Milestone 2

24 months

Oak Security

To build 1) public observability dashboards to monitor the real-time state of Osmosis pools and IBC flows, 2) a monitoring, alerting, and anomaly detection suite for Osmosis’ IBC rate limits, and 3) to perform research on IBC rate limits to improve and extend their functionality. Milestone 1 = at completion of the public observability dashboards; Milestone 2 = at completion of the monitoring suite for IBC rate limits; Milestone 3 = delivery of research report on IBC rate limits.

Real-time observability dashboards with metrics-based alerts and daily/weekly summary reports will help the Osmosis core team and community monitor the current state of Osmosis pools and IBC transactions. Range's monitoring suite and research on IBC rate limits will help the Osmosis community set parameters and have more data-driven and grounded discussions about the trade-offs between security and UX (liquidity and composability) of rate limits. After having received a grant from the OGP, the Range team has completed the inital version of their runtime monitoring toolkit, which is currently in private beta. In the past, the team has contributed to a number of DeFi protocols, audited CW projects with Oaks Security (e.g. Anchor, Mars, Sei), and have found and patched critical vulnerabilities in chains like Stargaze.

$50,000 (in OSMO)

10% upfront / 30% for Milestone 1 / 20% for Milestone 2 / 40% for Milestone 3

6 months

Range

To write a research report that will dig into the potential market impacts of implementing threshold-decrypted mempools. A section of the paper will be dedicated to connect some of their results to Osmosis.

Threshold decryption is one of the main items on the Osmosis roadmap, but there hasn't been a lot research to assess its market impact. This research will be very valuable for Osmosis as it will help Osmosis decide whether to implement threshold decryption, how to implement it, and better understand what the potential impact of it will be (both positive and negative). Antoine is the former Head of R&D at Clearmatics, and is educated in cryptography. He will write this research report in collaboration with Flashbots, the top MEV research and development organization working on Ethereum.

$15,000 (in OSMO)

100% at completion

10 weeks

Antoine Rondelet

To build an Urbit app that serves a personal client for the Osmosis multi-chain DEX. The Urbit Grants team will contribute three stars (~$7,500 at current prices) in funding to this project.

The first phase of this project is to bundle the existing Osmosis front end and make it possible to serve from an Urbit. Once this is accomplished, a gall back end will be developed to replace the Osmosis client's use of browser local storage. Once completed, users will be able to interact with Osmosis via a decentralized front end served from their Urbit. Urbit is a personal OS designed from scratch to run peer-to-peer applications.

1,500 USDC

100% at completion

2 months

~larryx-woldyr

To build a connector which will allow Hummingbot to support trading and LPing on the Osmosis DEX, including support for Concentrated Liquidity. Hummingbot is an open source framework that helps you build automated trading strategies, or bots that run on decentralized exchanges. Milestone 1 = at completion of the development of the core connector, endpoints, and testing; Milestone 2 = once the integration is fully delivered and the pull request is merged by the Hummingbot team; Milestone 3 = after having maintained the connector for one year since the delivery of Milestone 2.

Integrating Hummingbot with Osmosis will enable algo-traders to deploy high-frequency trading strategies between Osmosis and markets supported by Hummingbot (both DEXs and CEXs). This will in turn bring more users, trading volume, and price stability to Osmosis. Pecunia Finance is a DAO that offers blockchain software solutions supporting the future of DeFi, and is a regular contributor to the Hummingbot DAO.

$40,000 (in OSMO)

25% for Milestone 1 / 62% for Milestone 2 / 13% for Milestone 3

4 months

Pecunia Finance DAO

To deploy DAO DAO on Osmosis. DAO DAO helps you build and operate multi-sigs and DAOs with a simple visual interface. Milestone 1 = after having deployed DAO DAO multisig (membership DAOs), utility contracts such as cw-vesting and token swaps, and Polytone for seamless DAO-controlled Interchain Accounts on Osmosis; Milestone 2 = after having deployed NFT and Token Factory DAOs on Osmosis; Milestone 3 = after having maintained the full implementation of DAO DAO on Osmosis for one year since the completion of Milestone 2.

With DAO DAO, projects and communities on Osmosis will have immediate access to best-in-class DAO tooling without having to create their own governance modules, smart contracts, DAO management tools, and more. DAO DAO is a DAO that builds DAOs, and open source DAO tooling.

50,000 USDC

50% for Milestone 1 / 30% for Milestone 2 / 20% for Milestone 3

3 months

DAO DAO

For Genie to add support for Osmosis. Genie allows anyone to create Web3 incentive campaigns with precision wallet behaviour targeting. Milestone 1 = at completion of the data pipelines, backend, and asset repositories that will power the rewards smart contract on Osmosis, and the frontend UI for both creating a campaign and claiming rewards; Milestone 2 = after having created the APIs that will allow campaign managers to integrate the claim rewards experience into their own frontends; Milestone 3 = at completion of the project (once the smart contract is audited and launched on Osmosis mainnet).

Through superior incentive and distribution mechanisms, Genie's integration with Osmosis will abstract away massive amounts of granular data chore work, so apps and protocols can focus on running campaigns to engage their communities rather than spending time on the technical implementations. Joseph is the co-founder and CEO of Coinhall, and focuses on developing the business and product.

$50,000 (in OSMO)

10% upfront / 20% for Milestone 1 / 20% for Milestone 2 / 50% for Milestone 3

4 months

Joseph Lim

To integrate Notifi's white-label notification services into the Osmosis frontend to provide users with critical updates. The integration will include notifications for product announcements, account alerts, account activity, and portfolio alerts for the Osmosis DEX and other dApps building on top of Osmosis. Milestone 1 = at completion of the integration of notification into the Osmosis frontend; Milestone 2 = monthly recurring fee (for an initial 12 months) that kicks in once the integration is complete.

The addition of real-time notifications on the Osmosis frontend should improve the UX of using Osmosis and the dApps built on top, as well as increase user engagement and retention. Notifi builds on-chain and off-chain communication infrastructure and tooling for Web3 projects to better manage their users and communities. Existing clients include Orca, Benqi, and Pontem Network.

29,000 USDC

17% for Milestone 1 / 83% for Milestone 2

2 months

Andrew Jang

To create four quarterly reports for Osmosis, similar to the ones they've done in the past.

Having Messari publish quarterly reports on Osmosis will not only help the community stay informed on the financial state of Osmosis, but also help spread awareness about Osmosis, given their large audience of crypto professionals and enthusiasts. The reports will be linked to their newsletter which has over 350k subscriptions. Messari is the leading provider of crypto market intelligence products that help businesses, compliance teams, builders, and investors navigate the crypto economy.

20,000 USDC

25% per quarter

12 months

Jack Purdy

Newmetric will build and provide high performance RPCs for Cosmos. This grant will cover the build as well as one year of enterprise support of RPCs (which will be archival by default) for Osmosis testnet/mainnet and Mars mainnet.

We are confident that with Newmetric, Osmosis dApps, wallets, dashboards, and other third party developers will experience significant performance enhancements and decreased latency compared to existing nodes, with unlimited scalability made available by customized edge computation technology. This will not only significantly enhance the UX of Osmosis and its applications, but also allow dApp developers to focus on their application logic rather than the underlying infrastructure. Newmetric is a new company focused on blockchain RPC development, cloud-native solutions, and cutting-edge infrastructure management.

$60,000 (in OSMO)

17% upfront / 83% at completion

2 months

Jesse Chung

This project aims to implement iframe passthrough functionality into Cosmos Kit such that all dApps in the Osmosis App store can automatically support this embedding after an upgrade.

With this project's implementation, Osmosis will enable users to engage with various dApps through iframes without the need to leave the site or having to reconnect their wallets each time. Thus, when a user logs into Osmosis, they will instantaneously gain access to every dApp they want to use without having to figure out many different potentially-buggy connection interfaces, streamlining the overall experience. This enhancement will also permit dApps to elevate their user experience by wrapping other applications as needed, thereby offering a layer of integration previously unseen. Noah is a core contributor and lead engineer of DAO DAO, and helped build the core logic of Cosmos Kit, initially as a fork of cosmodal. Since then he have built a wallet adapter for Cosmos Kit and submitted bug fix PRs.

20,000 USDC

25% upfront / 75% at completion

6 weeks

Noah Saso

In partnership with the OGP and Quasar Finance, DLL will launch a series of vaults on Osmosis in two phases. Milestone 1: The first phase will include two managed vault options for the top five pools on Osmosis by volume (excluding stable/like pairs). The vault options will be two forms of range management, moderate plus (9.5% - 30% range of spot price) and aggressive plus (1.5% - 15% range of spot price). The five starting pools will be proposed based on Osmosis' historical swap volumes from the last two quarters. Milestone 2: The second phase will include the creation of vaults for the top five “like pairs” (LST and Stablecoin pairs). These vaults will use a tight tick optimization strategy to maximize yield for like pairs. Examples of potential pairs here could include stATOM/ATOM, qATOM/ATOM, stOSMO/OSMO, IST/USDC, USDT/USDC. 

These vaults will allow users who are new to concentrated liquidity or just want to passively LP have their positioned actively managed to optimize yield while enjoying the price appreciation of the underlying assets. DeFine Logic Labs are DeFi yield strategists with years of experience in both traditional finance and Web3 space. They work with a number of Hedge Funds, Family Offices, Investment DAOs, and protocols like Sommelier where they built the Real Yield ETH vault, which has generated more than $500M trading volume to date.

25,000 USDC

50% for milestone 1 / 50% for milestone 2

3 months

DeFine Logic Labs

Skip will solidify their long-term partnership with Osmosis by developing a number of in-protocol features. Similar to ProtoRev, the deliverables detailed below stand to further differentiate Osmosis from other DEX’s and appchains in terms of UX, security, and value capture. These deliverables represent a subset of the work that Skip will perform under the recently executed 2-year contributor agreement between Skip and the Osmosis Foundation. While the vesting $OSMO compensation that Skip receives from the Foundation aims to ensure long-term incentive alignment, this proposed grant aims to provide the working capital required for resource staffing. For each milestone, Skip will receive 50% of the allocated amount upon testnet integration, and the remaining 50% upon mainnet integration. Milestone 1: Protocol Owned Builders (POB) v0. In POB v1, Skip will develop a new Cosmos SDK module (x/auction) that hosts a top-of-block auction. The proceeds from this auction will help Osmosis recapture value from CEX/DEX arbitrage and other top-of-block MEV opportunities; Milestone 2: POB v2 (also referred to as Block SDK). In POB v2, Skip will implement a standardized framework for a laned mempool. The top-of-block auction developed for POB v1 will become the MEV lane of the Osmosis mempool; Milestone 3: Oracle implementation. Skip will develop and integrate an in-protocol Oracle module and sidecar process that allows validators to query prices and load them into on-chain state. This Oracle update mempool lane will allow Osmosis to update prices every block without the risk of front-running or critical 3rd party dependencies; Milestone 4: EIP-1559+. Similar to EIP-1559, Skip will integrate a transaction fee market that dynamically adjusts fees to improve user experience and manage transaction load. This potentially could also include a base fee burn mechanism that stands to improve value capture for Osmosis.

Skip's POB implementation will help Osmosis recapture CEX/DEX arbitrage and top-of-block MEV, ultimately enhancing protocol revenue, while their in-protocol Oracle module will enable price updates per block, making Osmosis even more powerful for new applications. Finally, the EIP-1559 fee market will dynamically adjust fees to improve user experience and manage transaction load. Skip Protocol helps sovereign blockchains and frontends improve UX and leverage MEV to enrich network stakeholders and protect them from its harmful effects.

240,000 USDC

25% at completion of each of the four milestones

6 months

Skip Protocol

After completing Phase 1 of back-end development for Mesh Security, which involved 1) a detailed overview of the various components of Mesh Security and 2) the integration of the Mesh Security MVP into the Osmosis and Juno codebases, demonstrating functionality on devnet, we have finalized the scope of Phase 2. The goals of this phase will be to launch V1 of Mesh Security, which is meant to be deployed with low-cap chains (e.g. Chihuahua or Eve) as consumers and possibly Juno/Osmosis as providers. Milestone 1: at completion of the integration of the uni-directional V1 version of Mesh Security into low-cap chains to field test the solution in a low-risk environment; Milestone 2: at completion of the integration of the already field-tested V1 version of Mesh Security into the partner chain's and Osmosis' codebases and demonstrating functionality on a devnet.

This grant will serve to test the version of Mesh Security that is security provider to consumer only (uni-directional), in preparation for Phase 3, which will involve the delivery of a battle-tested bi-directional version of Mesh Security. Confio builds tools for blockchain developers to deliver better products faster. Their creations include CosmWasm, CosmJS, and other essential technology for the Cosmos ecosystem and beyond.

$225,000 (OSMO + USDC)

27% for Milestone 1 / 27% for Milestone 2 / 46% split into three equal monthly payments

3 months

Confio

As part of this grant, Nabla will extend cli.osmosis.zone to also support signing, by building a version of the CLI keyring that uses Cosmoskit, so that developers can make CLI txs and sign them using Keplr. Nabla will also add informational token pages to the Osmosis frontend, which will include relevant descriptions and metrics. Milestone 1 = at completion of the CLI improvements; Milestone 2 = at completion of the token info pages for both desktop and mobile.

Manually signing transactions through the CLI is a common pain point that many developers experience and regularly waste time on. The CLI extension will improve the developer experience of Osmosis' web CLI by facilitating message signing via the CLI. With token info pages, users will be able to find all the info they need on a given token directly on the Osmosis website, instead of having to navigate to external sites such as CoinGecko and CoinMarketCap. Nabla is a company dedicated to helping companies in web3 build useful customer experience tools, with a focus on the Cosmos ecosystem. The team is a repeat grantee as they've previously built the Cosmoswap frontend.

$15,000 (in OSMO)

33% for milestone 1 / 66% for milestone 2

1 month

Nabla

To add optimistic and multiple-choice proposals to the Cosmos SDK governance module and include them in the next major release of the Cosmos SDK. Optimistic proposals are a proposal type that automatically passes unless vetoed by a specific threshold of voters. Multiple-choice proposals are a proposal type that instead of the usual yes/no answers can contain multiple answers. Milestone 1 = create ADR with final optimistic and multiple-choice proposal specs; Milestone 2 = development, review, and testing of optimistic proposals; Milestone 3 = development, review, and testing of multiple-choice proposals; Milestone 4 = once the features are developed, the SDK team will cherry-pick the exact features to the v0.50 SDK fork maintained by Osmosis so that Osmosis can support the new proposal types before the next major Cosmos SDK release; Milestone 5 = once frontend clients (Keplr, Mintscan) have integrated the new proposal types into their frontends.

While the scope of governance for Cosmos chains is far greater than that of smart contract applications in other ecosystems, the Cosmos SDK governance framework has fallen behind other ecosystems in terms of the amount of flexibility and proposal types that it can offer. Optimistic and multiple-choice proposals would greatly benefit Osmosis and other Cosmos chains by making governance more expressive and efficient. Binary Builders is the core maintainer and stewarding team of the Cosmos SDK.

$55,000 (in OSMO)

9% for milestone 1 / 32% for milestone 2 / 32% for milestone 3 / 18% for milestone 4 / 9% for milestone 5

3 months

Binary Builders

To enhance Starship's integration with Mesh Security by adding native support for Mesh in the configuration, as well as a robust testing framework that accelerates the onboarding of new chains/projects into the Mesh ecosystem. Milestone 1 = native support for mesh-security in the configuration; Milestone 2 = development devnet for the Mesh Security working group; Milestone 3 = large-scale scenario testing and fuzz testing framework; Milestone 4 = ongoing maintenance and updates to the devnet cluster including support for ongoing changes to the mesh contracts and SDK until the mainnet launch of Mesh Security.

By further streamlining the infrastructure setup process and providing a valuable sandbox for developers to test and explore Mesh Security configurations and interactions, Starship will significantly reduce the time and effort required for manual configuration and empower anyone to set up and experiment with a simulated Mesh environment effortlessly, with just a few clicks. This cost-effective solution ensures that developers can focus more on building and testing their applications rather than dealing with complex infrastructure setup. With this tighter integration, Starship's framework will also enable new chains to seamlessly integrate and participate in the Mesh network, serving as a blueprint for future chains looking to become part of the Mesh ecosystem. Cosmology's Starship is a unified development environment that allows Cosmos developers to spin up a fully simulated mini-cosmos ecosystem and write end-to-end test cases.

$50,000 (in OSMO)

20% for milestone 1 / 40% for milestone 2 / 30% for milestone 3 / 10% for milestone 4

4 months

Cosmology

To add an Earn Page to the main Osmosis front-end. This page will frame both the assets a user holds and the potential earning options in an easy to digest, enticing experience, giving users clear and compelling paths to discover earning strategies that extend beyond Osmosis.

There are numerous, excellent third party apps that provide earning strategies. The Earn Page will give users clear paths to not just acquire, but also earn more on assets of interest by harnessing the Osmosis front-end to make this connection more accessible. Nabla is a company dedicated to helping companies in web3 build useful customer experience tools, with a focus on the Cosmos ecosystem.

$20,000 (in OSMO)

100% at completion

1 month

Nabla

The OGP will provide a grant of $120k in OSMO to MilkWay for the development of their liquid staking protocol on Osmosis. In exchange for this grant, MilkyWay has agreed to the following terms: 1) MilkyWay will provide the Osmosis DAO (Community Pool) with MILK tokens worth $120k (100K + 20% premium) at the time they raise and the Community Pool will receive the full amount at launch, 2) 3% of MILK LP incentives will be exclusively reserved for Osmosis liquidity pools, 3) to avoid confusion with other liquid staking products, MilkyWay will not use "st" in their ticker for any of their liquid staking tokens, 4) MilkyWay will not launch on mainnet until after the completion of the Oak Security audit and resolution of all findings. The grant milestones are as follows: Milkyway mainnet launch on Osmosis (milestone 1), token generation event of Milkyway's native token, MILK (milestone 2).

MilkyWay is a liquid staking protocol tailored for the Celestia ecosystem built on Osmosis. When users stake their TIA coins with MilkyWay, they'll receive milkTIA, an onchain representation of their TIA staking position. This will enable Celestia token holders to unlock liquidity for their staked assets, creating an opportunity to optimize their capital by either providing liquidity to Osmosis pools or using them as collateral in various DeFi products. Since the MilkyWay protocol will live on Osmosis, it will significantly increase Osmosis TVL by capturing a large share of liquidity for TIA liquid staking, which will result in Osmosis acting as a liquidity hub for the Celestia ecosystem. What's more, the fact that the Osmosis DAO will have significant ownership in the MilkyWay protocol will allow Osmosis to have an important say on Celestia's economic decisions. Jay B Kim is a software engineer with a rich background in blockchain development, as he was previously the CTO of Cosmostation and an auditor for Oak Security. He's been actively involved in the Cosmos ecosystem for the few past years, dating back to even before the Cosmos Hub mainnet launch.

$120,000 (in OSMO)

42% upfront / 42% for milestone 1 / 16% for milestone 2

3 months

JayB

This is a grant to fund Hathor Nodes for previous and ongoing incentive optimization and leadership of the incentives working group. Hathor Nodes is a repeat grantee, having previously received a grant for researching and deploying an optimization model for Osmosis liquidity incentive expenditures. This was implemented as Osmosis’s canonical incentives mechanism as part of Osmosis proposal 578, which also formed an incentives working group to maintain and improve the incentives mechanism over time. Since that time, Hathor has done additional incentive optimization work outside the scope of the original grant as part of his involvement in the working group. This includes amendments to the incentive optimization algorithm based on the following: - Algorithm constraint refactoring to accommodate Mars Protocol liquidity requirements - Balancer to Supercharged liquidity migration incentive mapping - Osmosis volume splitting gauge implementation as part of the v20 Upgrade - Algorithm TWAP constraint refactoring based on protorev arbitrage resiliency These optimizations have resulted in a net liquidity incentive expenditure decrease of approximately 9,000 OSMO per day ($492,000 annualized at current prices). The total number of OSMO incentive expenses saved by the working group has exceeded 1 million OSMO, and can be tracked here. Hathor also maintains the incentive mechanism on a monthly basis by generating data that is implemented into monthly incentive adjustment proposals. Work involved in this maintenance includes monitoring incentives and liquidity via the Chaos Labs Dashboard, data quality testing, double-checking algorithm results to ensure no miscalculations make it into production, organizing and leading incentive working group meetings twice a month, and optimizing existing code.

The grant will maintain continued functionality of the incentives mechanism and help ensure that Osmosis does not overspend on liquidity

$84,000 (in USDC)

$3,000 USDC per month for 4 months

4 months

Hathor Nodes

Defiant Labs is a repeat grantee, having been funded to launch and maintain Sycamore Tax in 2023. Sycamore is a transaction parsing tool that scrapes an address’ transaction history and returns CSVs in a format easily readable by popular crypto tax platforms like Accointing and Koinly. Using the tool, Osmosis users can more easily review and compile their transaction history to make reliable tax reporting simpler.

The grant funds maintenance of the tool for the entirety of 2024, as well as the addition of new message types that are not currently supported or may be added to Osmosis in 2024. Examples include the swap and forward message type used by the Skip API.

$25,000

25% Upfront, then 25% at the end of Q2, Q3 and Q4

Maintenance of the tool for the entirety of 2024

Defiant Labs

OGP was in touch with the Nabla team for a collaboration on a grant related to Mesh Security, particularly to contribute to the front-end development, aiming to offer the best Mesh Security experience to users.

This grant is to fund the testing and fixing, which includes mutual testing, refactoring, and codebase cleaning processes, resulting in a refined MVP that is polished to the extent where we can confidently launch a marketing campaign around it. Then, the launch of version 1 on mainnet, which builds upon the valuable feedback garnered from the Minimum Viable Product (MVP). The team is committed to incorporating validator squads and fully-featured staking UX. Lastly, this includes post-launch support, which undertakes a 3-month period dedicated to maintenance, bug fixing, and providing ad hoc support for any additional touch-ups required post-launch.

$68,000 (In USDC)

$18,000 Upfront / $20,000 End of first month / $20,000 End of second month / $10,000 End of sixth month

6 months

Nabla

This grant proposes to fund Range to research, design, and propose to Osmosis governance a rate-limit setting subdao in charge of adjusting rate limits on individual asset inflows to, and outflows from, Osmosis. This subdao will also have the capability to reset rate-limits when necessary in times of high volatility. The grant will also fund improvements to Range’s IBC rate-limits dashboard to allow the subdao to set rate limits based on historical inflows and outflows.

The execution of the grant can be divided into three core deliverables: Delivery of an internal report, to be reviewed and signed off by the Osmosis team, including SubDAO Core capabilities and functions, processes and playbooks for each function (add, edit, pause) and different scenarios, organization and operational risks analysis. Specification and Implementation of required IBC rate-limit contract changes to allow the subdao to perform all of the functions necessary to fulfill its role, specification of required changes, implementation of the changes in the IBC CosmWasm contract, upgrade logic (if necessary), testing implementations, documentation preparation, governance proposal logic to grant DAO permissions. Development of the rate limit dashboards v2 (called IBC Workbench), Range will build dynamic and real-time versions of net inflows and outflows charts that will allow the subdao to set or change rate limits. This will live within the existing Range dashboard at https://ibc.range.org/, make filter capabilities by date, rate limit period, channel, etc, estimation capabilities for future rate limits based on config parameters and time series extrapolation, new asset and rate limit parameters simulations, configured by the user.

$40,000 (In USDC)

$7,500 after Milestone 1 / $7,500 after Milestone 2 / $25,000 after Milestone 3

3 months

Range

The grant aims to provide continued funding for the Celaton team to sustainably maintain both the current back and front ends of the Celatone explorer. Since its inception, the Celatone explorer has garnered significant achievements, establishing itself as an indispensable tool for numerous users and developers operating within the Osmosis and broader Cosmos ecosystems. Feedback from Osmosis developers underscores the invaluable utility of Celatone, with increasing recognition as the go-to resource for the community and integrators seeking to explore and engage with CosmWasm contracts. Notably, Celatone stands as the sole reliable method for viewing newly created pools, eliminating the need for cumbersome CLI commands.

The grant will encompass the following responsibilities: Perform continuous maintenance of the Celatone on Osmosis software and associated infrastructure for both the Osmosis mainnet and testnet networks throughout the agreed-upon one-year duration. Update the Celatone on Osmosis infrastructure code to align with the most recent node software version for both the Osmosis mainnet and testnet networks. Introduce and provide support for new features to synchronize with the latest Osmosis software version. Address, diagnose, and resolve all Celatone on Osmosis issues and incidents pertaining to the Osmosis instance over the course of one year.

$100,000 (in USDC)

12 equal monthly payments of 8,333 USD a month

Alles Labs

This is a grant for Osmosis to be a headline sponsor for Cosmoverse 2024, the largest Cosmos-native crypto conference. The conference is set to take place from October 20-23 in Dubai, followed by the Hackmos Hackathon from October 25-27.

The sponsorship encompasses the following benefits: Two guaranteed keynote speaker slots and three panel slots at the event. An island booth offering maximum exposure during the event. Priority inclusion in the media package, branding materials, and promotional efforts. Two workshop slots and two mentorship slots at Hackmos. Furthermore, the sponsorship will incorporate marketing and workshop opportunities leading up to the event. These include online workshops, academic speaking engagements, and participation in community events. This sponsorship stands as a significant multi-month marketing opportunity for Osmosis in 2024, ensuring priority media coverage and the chance to engage new developers in the Osmosis ecosystem through online workshops and the hackathon.

$100,000 (in USDC)

$100,000 paid upfront

Cosmoverse

Start.cooking is built by the Big Labs team, introducing an easy-to-use platform for token creation on Osmosis. It utilizes the Token Factory Module to provide an exceptional environment and user experience, allowing users to create tokens and meme coins effortlessly with just a few clicks.

The purpose of the Grant is to launch start.cooking on Osmosis, introducing the Bonding Curve swap contract dubbed Flambè, which facilitates the launch of memecoins and establishes the initial distribution model. Additionally, the team plans to implement a Burning Raffle concept, dubbed "Ratatouille," to facilitate convenient token burning through a raffle mechanism. This initiative aims to encourage the creation and trading of memecoins generated using start.cooking through an airdrop campaign.

$52,000 (in USDC)

$12,000 Milestone 1: Development of the Core Idea / $6,000 Milestone 2: Token Listing on Osmosis / $16,000 Milestone 3: Implementation of the Flambè feature / $14,000 Milestone 4: Implementation of the Ratatouille Burn Raffle and Enhanced Leaderboard / $4,000 Milestone 5: Launch of the COOK Token and Airdrop Campaign

The product will be ready on Osmosis within a three-week timeframe. The full deployment of the web application will span six weeks, leading up to the introduction of the COOK token, scheduled for release after a three-month period.

Big Labs

Smart accounts are Osmosis’s native account abstraction framework, allowing for, among other things, execution of “signatureless” 1-click interactions with the Osmosis chain via a front-end through the use of session keys. With features like 1-click trading and social (google, twitter, github, etc) login, smart accounts are set to provide a significant improvement over the existing UX surrounding trading and interaction with the Osmosis suite of DeFi products. However, the use of session keys to enable 1-click interactions with the blockchain comes with unique security concerns. For example, an Osmosis user might interact with a malicious front end and approve a session key that would allow a third party to drain their wallet without the need to expose the user’s private key. Similarly, a third party that can convince a user to install a file containing malware could trivially extract a valid session key from the user’s browser and use that key to drain the wallet. To stave off these and other risk vectors, Osmosis is partnering with Blockaid, a web 3 security infrastructure firm that provides malicious signature detection and blocking services for some of the largest wallets in the space. Blockaid’s list of partners includes Metamask, Coinbase Wallet, Rainbow, Rabby, and dYdX.

Blockaid, in collaboration with Osmosis Labs, will build and maintain a smart-account “cosigner,” an off-chain agent that will act as a transaction screener between the Osmosis chain and transactions initiated via the smart account functionality from any front-end. When the cosigner detects a transaction deemed to be either malicious or abnormally large for the given wallet, the transaction will be blocked until the user goes through a 2-factor authentication process to override the signature block. Initially, the cosigner will support the two message types anticipated to be included within smart account functionality at launch (enable one-click trading and token swaps via one-click trading). Blockaid is also responsible for maintaining and updating the cosigner to support additional message types as they are added to smart accounts during the 16 month term of the grant (forward + swap from other chains, interaction with Mars, Levana, and Osmosis perps, etc). The term of the grant is inclusive of a buildout phase not to exceed 4 months, with maintenance and addition of new messages for the remainder of the term. At the conclusion of the grant term and subject to approval by Osmosis Grants, the engagement will renew for an additional 12 month period.

$500,000 (in USDC)

The entire grant amount is due and payable upon approval of the grant and once a legal agreement is signed between Blockaid and Osmosis Grants Company to ensure enforceability of the grant scope and specific SLAs surrounding maintenance, new features, and uptime.

16 Months

Blockaid

This is a collaborative grant with the Neutron Grants Program to jointly fund B9Lab to build out a comprehensive developer onboarding and educational portal targeted at CosmWasm education.

The portal is intended to be a primary resource for educating developers that have little to no experience working with CosmWasm. As part of the grant, B9 will design and create an educational course curriculum to be hosted on the portal with the goal of taking a developer with no CosmWasm experience to a fully-fledged CosmWasm application developer. The course will contain a number of modules such that even experienced CosmWasm developers can interact with specific subsets of the course to brush-up on unfamiliar or more advanced concepts. The portal will be hosted on a https://cosmwasm.com/ subdomain to ensure maximal SEO and reach. B9, OGP, and NGP are working with Confio directly to ensure deployment of the subdomain and course materials once the content has been created. A multi-media approach will be used as part of the content buildout. B9 Will design and create all diagrams or video content necessary to adequately convey the concepts outlined in the course materials. B9Lab is well-qualified to execute on this project, having built the Interchain Developer Portal commissioned by the Interchain Foundation in the past, as well as similar portals for other ecosystems.

$110,000 (in USDC)

30% up front / 30% on delivery of the curriculum / 20% on first complete content draft / 20% upon completion of the course materials and website integration

4 Months

B9Lab

Frizzante is a platform that enables the tokenization and trading of yield. It aims to position itself at the center of the ecosystem for accessing yield, akin to Pendle but for Cosmos.

OGP will pay to audit for the Frizzante code. Frizzante is about to unlock new DeFi activities on Osmosis. Accessing yield in Cosmos is typically challenging due to the various custom joining strategies employed by each product. Frizzante simplifies the process of accessing yield, making it as straightforward as executing a swap with just one click, all of this in Osmosis.

$24,480 (in USDC)

3 weeks

Oak Security

This grant funds the development and launch of Fractal, a first of its kind in Cosmos NFT fractionalization and tokenization platform built on Osmosis. Fractal allows for the conversion of NFTs into fungible tokens that can be traded or LPed on Osmosis. This is accomplished by allowing for whitelisted NFTs (for example, Bad Kids) to be deposited into a vault contract in exchange for fungible tokens representative of the NFT’s collection. The user flow will allow for deposits to take place from Stargaze or from Osmosis. Similarly, these fungible collection tokens can be purchased on Osmosis from liquidity pools and used to redeem NFTs from the vault contract. Because of this mechanism, the collection tokens should have a value roughly mapped to a collection’s floor price, and will allow for traders and market makers to participate in cyclical arbitrage to maintain pricing parity between the collection’s floor price and the price of the collection tokens. Creation of a Fractal DAO and token is uncertain, and these features are thus not scoped out as part of this grant, however, if a Fractal DAO token is launched the Osmosis community pool will receive 5% of the supply of the token. Milestone 1 = Delivery of vault contract and UI. The MVP will include the ability to deposit and redeem the initial whitelisted NFTs via the contract in exchange for the associated collection tokens; Milestone 2 = Delivery of an arbitrage dashboard that displays pricing of collection tokens relative to the associated NFT collection’s floor price in order to identify arbitrage opportunities; Milestone 3 = Delivery of a subsequent contract that allows users to lock and preserve specific NFTs for a given period of time, preventing them from being redeemed by others in the vault contract for a defined period of time. This will be useful in encouraging users with NFTs valued significantly above floor price to participate in the fractal product.

NFT fractionalization represents a significant market opportunity for Osmosis and opens up an entirely new userbase for trading on Osmosis. Osmosis does not want to become an NFT marketplace or compete with existing solutions like Stargaze. Rather, Osmosis wants to leverage its core function as the premier liquidity layer in the ecosystem to bring DeFi-like functionality to these existing NFT marketplaces. This benefits Osmosis through increased trading volume, as well as benefitting Stargaze and other NFT marketplaces by creating a cyclic arbitrage opportunity for them that previously did not exist, thereby creating a positive feedback loop between the two protocols.

$40,000 (in USDC)

62.5% after milestone 1, 12.5% after milestone 2, 25% after milestone 3

6 weeks

Deploydon

The scope of this grant is to create an analytical dashboard that visualizes the different information, data points, and statistics related to Osmosis’ new alloyed assets. When a user first lands on the dashboard site, they will see a page showing the list of alloyed assets that are currently live. The dashboard will include information such as the alloyed asset name, market cap/TVL, alloyed asset price, composition of the assets that currently make up the alloyed asset, and more. There will also be a section that explains what alloyed assets are, how they work, their purpose, and links to more information (forum post, contract repository, etc.); Milestone 1 = Alloyed asset details page for alloyed USDT on mainnet, Milestone 2 = Deploy the Alloyed list page, the group asset composition by bridge/issuer and Historical swap transactions

An easy to use dashboard will help minimize information asymmetry related to the composition of alloyed assets and transmuter pools. This will allow asset holders to make informed decisions related to alloyed assets and help Osmosis contributors monitor performance of the alloyed asset pools and adjust rate-limits where necessary to help the pool composition rebalance.

$16,000 (in USDC)

20% upfront 30% after milestone 1 completed 50% after milestone 2 completed

Alles Labs

Fireblocks is a major cryptoasset technology provider that empowers institutions, market makers, and large holders of cryptoassets to self-custody and transfer their assets in a secure manner. Osmosis has been working with Fireblocks for the last year with positive reception from investors and market makers. This grant would fund an additional 3 years of access to the Fireblocks platform, allowing institutions to self-custody and transfer OSMO. In exchange for the increased term-structure, Fireblocks has agreed to reduce their annual payment from $250,000 to $150,000 for a total grant of $450,000 over 3 years. Payments will be made annually, and in the event that OGP funding is not renewed during the contract term, OGP has the option to terminate the agreement upon 60 days' notice before making an annual payment. Milestone 1: Service July 01, 2024 - June 30, 2025 / Milestone 2: Service July 01, 2025 - June 30, 2026 / Milestone 3: Service July 01, 2026 - June 30, 2027

Streamlining the process of allowing institutions to safely self-custody their assets is critical to onboarding and maintaining institutional interest in the OSMO token. For regulatory or internal operational security reasons, many funds and market makers cannot interact with cryptoassets without some form of enterprise grade infrastructure, and would likely have to divest their holdings of OSMO without such a service. By ensuring Osmosis maintains a long-term relationship with Fireblocks, this grant will allow Osmosis to retain its network of existing investors and onboard new institutional interest in the coming market cycle.

$450,000

Fireblocks

This is a retroactive grant to Deividas Petraitis for a number of OSS code contributions made to the Osmosis github repository in May and June of 2024. Deividas is a volunteer developer that has made a number of small contributions and bug fixes to Osmosis in the last several months. Osmosis contributors recommended Deividas to the OGP as a potential grant candidate after being continuously impressed with his work.

Osmosis should foster an environment where developers feel incentivized and encouraged to contribute to the codebase. Micro-grants for code contributions will help with independent developer retention and encourage new developers to make codebase contributions, minimizing technical debt and allowing Osmosis core contributors to focus more time on feature launches and larger roadmap items.

$200

$200 in USDC

Deividas Petraitis

This grant funds the Margined Protocol team to build a series of LST redemption rate arbitrage vaults for the largest LSTs supported by Osmosis liquidity pools. The vault design will allow users to deposit OSMO, TIA, ATOM, and more, which will then be used to purchase LST versions of these assets on Osmosis at a discount and unstake them with the relevant LST provider. Depositors will profit from the difference in value between the market rate of the LST and the LST's redemption rate. The vault is applicable to major LST providers that support a given asset and will optimize for the most profitable (i.e., the most discounted) arbitrage opportunity. Milestone 1: Deployment of TIA and OSMO vault strategies / Milestone 2: Deployment of ATOM vault strategy.

LST redemption rate arbitrage is one of the more profitable asset-neutral yield strategies in Cosmos DeFi today. Creating automated strategies to capture this opportunity will result in more robust LST pegs and make the DeFi ecosystem on Osmosis more capital-efficient. These vaults also present a significant opportunity to meaningfully contribute to the volume on Osmosis.

$30,000

$7,500 Upfront / $12,500 Milestone 1 / $10,000 Milestone 2

Margined Protocol

The Bitcoin Builders Conference is a side event to Bitcoin 2024, the largest Bitcoin conference in the world. The event will happen on July 25-26 at Acme, which is just a short walk from the Bitcoin 2024 conference in Nashville. The event will include thought leadership talks, panels, parties, dinners and networking with the top Bitcoin L2's. The organizers are expecting 500-600 registrants and have partners involved, including Stacks, Rootstock Labs, BOB, Botanix, OKX, Blockspace, Dfinity, Sovryn, Velar, Trust Machines, Hiro, and Aptos to name a few.

This grant is to sponsor the 'DeFi Drinks Silver Package'

$5,500

Stacks Open Internet Foundation

Since receiving a grant from the OGP 4 months ago, Hathor has continued to work with Osmosis contributors and the grants program to optimize LP emissions, and has delivered successfully on the entirety of the scope of work outlined in that grant proposal (including the 4 month maintenance period). As a result, the working group has slashed LP emissions further, leading to an additional 1.7 million OSMO in emissions reductions over the last 4 months (total: 2.7 million OSMO saved). This grant would fund ongoing maintenance of the incentives optimization mechanism until the end of 2024. During this time, Hathor will maintain the APIs and adjust the algorithm based on fluctuations in the market or addition / subtraction of certain assets. Hathor will also be working with the Osmosis Foundation team to design a bootstrapping model by which incentives are temporarily allocated to new strategic assets and then slowly phased out. In this approach, all pools are assessed as potential candidates for incentives. Pools in need of additional liquidity are given incentives for the month. Every month, incentives are disabled for all pools that do not meet the criteria. The model will need to be approved by Osmosis governance before going live. Payment structure is 3000 USDC per month from July through December 2024.

Emissions reductions continue to be a key focus for the Osmosis community, aimed at reducing the impact of inflation on the OSMO token. To date, this working group has been the largest source of emissions reductions outside of the regularly scheduled inflation halvings.

$18,000

Hathor Nodes

The upcoming Appchain Day event will be held in Singapore on September 17, just before Token2049. Organized by the DoraHacks team, this exclusive one-day event will feature a unique blend of showcases, spotlighting the most innovative teams at the forefront of appchain development alongside leading venture capitalists, investors, and builders in the field.

To support this initiative, OGP is offering a grant of $3,000. Osmosis will have featured mainstage digital branding and a speaking slot for the event. This contribution underscores OGP’s commitment to fostering innovation and collaboration within the appchain community.

$3,000

DoraHacks

Stake.tax continues to be one of the most widely-used transaction CSV generators for Osmosis users seeking to comply with their crypto tax-reporting obligations. Roger previously received a grant from the OGP in 2022 to support the ongoing maintenance of the product and the addition of new messages and transaction types up to April 2023. Since the conclusion of that grant’s term over one year ago, Roger has continued to maintain the website and add minor new Osmosis messages, but larger messages (especially those related to apps deployed on Osmosis) are not yet supported, complicating Osmosis users’ ability to accurately track their transactions for tax reporting purposes. Milestone 1: Support for transaction messages for Levana, Mars Protocol / Support for Authz, Swap and action, Swap and forward messages / If Milestone 1 is not delivered by October 01, 2024 (2 weeks before the US tax extension deadline), OGP may, at its discretion, reduce the milestone payment amount by up to half. / Milestone 2: Ongoing maintenance for the stake.tax website and addition of major new Osmosis messages through the end of April 2025 / 48 hour uptime SLA on the website, 7 day SLA to add new messages to the website. If these SLAs aren’t met, OGP may, at its discretion reduce the grant amount pro-rata for each day in which the SLAs are not met.

This grant would fund updates to stake.tax on Osmosis to index and return transaction data for major Osmosis applications (mars v2, Levana, TFM) and SDK message types not currently represented on the website (Authz, Swap and forward, etc). The grant will also fund ongoing maintenance of the site through April of 2025, including the addition of new major message types expected to be added through that time, such as Osmosis orderbook transaction messages. The grant milestones will be subject to SLAs that may impact the grant amount.

$30,000

Roger Hong

Bitcoin Renaissance is an event organized by the Babylon team, scheduled for September 3rd in Seoul during Korea Blockchain Week. This exclusive event will bring together the brightest minds and leading projects in the Bitcoin space, providing an unparalleled opportunity to explore the evolution of Bitcoin’s ecosystem and the synergies between Bitcoin and Proof-of-Stake chains.

As Babylon prepares to launch BTC staking across multiple chains, beginning with Cosmos chains, we consider sponsoring this event to be strategically important for Osmosis. This sponsorship aligns with Osmosis’s goal of broad distribution within the Bitcoin community. The sponsorship package includes a panel speaker slot, and branding on event materials and social media pages.

$5,000

Babylon Labs

The team behind Obi wallet proposes to create a series of comprehensive and interactive Cosmwasm developer courses. This same team created the Cosmwasm developer courses for Terra, which were used by over 5000 developers before Terra’s collapse in 2022. The series is meant to be a chain-agnostic CosmWasm education spanning from smart contract basic to advanced principles. This grant is part of a larger CosmWasm education initiative for all 5 courses jointly funded with Neutron. The grant cost of $6,150 covers half of the cost of the first course: Quick Start & Rust for Smart Contracts. The other half of the course is being covered by the Neutron Grants Program. If both parties are satisfied with the quality of the first course, they will commit further funding to cover the remaining courses. Both teams are also reaching out to other similarly situated teams (AADAO, dYdX, Interchain Foundation, Archway, etc) to help share the cost of future courses. The courses will be deployed on the Thinkific platform, a developer educational platform that will make the course free to use for developers wishing to interact with the program. Thinkific collects developer contact information and course submissions, providing a pipeline for new smart contract developer outreach and activations. The course videos will also be posted to the Osmosis and Neutron Youtube channels.

Developer activation continues to be an underfunded category in the broader interchain ecosystem. As the center of liquidity and largest chain in the interchain (by active developers), Osmosis should play a role in increasing developer onboarding routes through educational initiatives like this one. In turn, Osmosis should see an outsized return in the form of developer activations and new protocols being built with Osmosis’s liquidity at the center.

$6,150

$6,150 (USDC)

Obi

OGP currently has an ongoing grant agreement with Hathor for maintenance of the existing incentives mechanism through the end of 2024. This includes small algorithm optimizations and maintenance of the underlying model when new pools are added. However, the incentives working group would like to transition the current incentives mechanism to a bootstrapping model, by which pools will receive incentives for only a short period to bootstrap initial liquidity before seeing these incentives slowly phased out. Transitioning to this model will require significant changes to the incentive optimization algorithm, as well as bespoke research into ideal target APRs for new and existing LPs. This is expected to take approximately 1 month. The model is estimated to save between 750 - 1000 OSMO in additional emissions per day, resulting in a net savings to the protocol of $146,000 over the course of a year at current OSMO prices.

As with previous grants to Hathor for incentive optimization, this grant is aimed at minimizing inefficient LP incentive spending to reduce the number of OSMO that enter circulation. To date, the working group has saved nearly 4 million OSMO in emissions for the protocol.

$12,000

$12,000 (in USDC)

Harthor Nodes

DataLenses is a dashboard designed to help the community and users access a public-facing Osmosis dashboard. The DataLenses dashboard available here https://www.datalenses.zone/chain/osmosis/overview includes pre-selected, actionable data analytics widgets that provide information not easily accessible elsewhere.

The goal of this grant is to ensure that all frontend features and graphs remain fully functional for 12 months. It also includes a budget for small feature improvements and graph updates, which may be requested by the community or the Osmosis team. Additionally, email-based user support will be provided through a helpdesk.

$5,400

50% paid for 6 months, then 50% after 6 months

Numia